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JP Morgan has decided to include government papers issued by the Reserve Bank of India (RBI) under the fully accessible route in its widely tracked emerging market government bond index (GBI-EM). India will be included in the GBI-EM Global index suite and all relevant derivative benchmarks (including custom indices), starting June 28, 2024. The inclusion will be phased over 10 months, with 1 per cent weighting included in each month, till March 31, 2025. Indian bonds, like the Chinese, will have 10 per cent weighting. According to the index inclusion criteria, eligible securities are required to have a notional outstanding of above $1 billion and at least 2.5 years’ remaining maturity. At the start of the inclusion on June 28, 2024, only Fully Accessible Route (FAR)-designated bonds with a maturity date after December 31, 2026, will be assessed for eligibility. Any new index-eligible FAR-designated bonds issued during the phase-in period will also be included. The Reserve Bank of India introduced the FAR in March 2020, allowing FPIs to invest in bonds without restriction. At present, 23 FAR bonds with a combined value of $330 billion are eligible for inclusion in the index.
Which of the following students did not opt for Physics?
Who lives on 6th floor?
If Box L is placed immediately below Box F, then which among following statement is true?
Who among the following is wife of Prashant?
How many boxes are kept between T and box which contains Papaya?
Who lives on 4th floor?
Which of the following likes Yellow?
Box C is placed from which of the following place?
Who among the following have bought Van heusen shirt?
Which of the following combinations is correct?